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Fly News Breaks for May 1, 2018
CLUB
May 1, 2018 | 05:08 EDT
Imperial Capital analyst George Kelly raised his price target for Town Sports International Holdings to $12.50 citing the company's "strong" Q1 report. The The core business continues to steadily improve and the financial model generates strong incremental margin, Kelly tells investors in a post-earnings research note. He views the current valuation as compelling and keeps an Outperform rating on the shares.
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